I periodically check in on TINY and I have been in and out when the sector heats up. Given the magnitude of its valuation relative to the net asset value, I would not include it as one of my core holdings.
Harris & Harris Group Reports Financial Statements as of December 31, 2006
Thursday March 15, 10:23 pm ET
NEW YORK--(BUSINESS WIRE)--Harris & Harris Group, Inc., reported today that, as of December 31, 2006, its net asset value and net asset value per share were $113,930,303 and $5.42, respectively.
<
SUMMARY OF FINANCIAL RESULTS
----------------------------------------------------------------------
December 31, 2006 September 30, 2006 December 31, 2005
(Audited) (Unaudited) (Audited)
Total Assets $118,328,590 $118,975,063 $132,938,120
Total Net
Income Tax
Liability $ 0 $ 38,938 $ 9,637,334
Net Assets $113,930,303 $115,048,343 $117,987,742
Net Asset Value
per Share $ 5.42 $ 5.54 $ 5.68
Shares
Outstanding 21,015,017 20,756,345 20,756,345
Harris & Harris Group is a publicly traded venture capital company that makes initial investments exclusively in tiny technology, including nanotechnology, microsystems and microelectromechanical systems (MEMS). The Company's last 31 initial private equity investments have been in tiny technology-enabled companies. The Company has 21,341,029 shares of common stock outstanding.
Detailed information about Harris & Harris Group and its holdings can be found on its website at www.TinyTechVC.com.
biz.yahoo.com |
